The MBA reports that despite rates over the 6% mark and low for-sale inventory stunting overall sales, mortgage applications for new home purchases increased 0.6% in March compared to one year ago.
Read More »Rising Rents Outpacing Housing Choice Voucher Availability
With more than 19 million voucher-eligible households in 2021 but fewer than two million vouchers available across the country's metro areas, Zillow notes that the program needs to be improved and better funded to help more of those in need.
Read More »HUD Earmarks Nearly $3B in Funding to Eliminate Homelessness
To further the Biden Administration’s commitment to addressing the nation’s homelessness crisis, HUD has issued $2.8 billion in Continuum of Care Competition Awards for thousands of local homeless service and housing programs across the U.S.
Read More »Inflation Hampering Home Improvement Projects Nationwide
A new analysis of data from Discover Home Loans has found that 75% of homeowners are finding projects to be more expensive than originally budgeted, causing some to reconsider their renovation plans.
Read More »WFG National Title Announces Management Changes
Title insurance and real estate settlement services provider welcomes back David Jenkins as SVP, National Agency Manager, and promotes Tim Hooper to SVP, Mid-Atlantic Regional Manager for the company’s Agency Operations.
Read More »Rents Post First Annual Decline in Three Years
A new analysis of rent data from Redfin has found that the median asking rent fell 0.4% in March to the lowest level in 13 months, marking the first annual decline since the coronavirus was declared a pandemic.
Read More »The Week Ahead: Examining the Legalities of Tenant Background Checks
The Harvard Joint Center for Housing Studies will present a discussion on how granting landlords, employers, and other gatekeepers access to criminal records can create serious barriers to housing, jobs, and other opportunities.
Read More »Mortgage Rates Fall for Fifth Straight Week
A deceleration in inflation has sent mortgage rates tumbling for the fifth consecutive week, pushing mortgage apps upward to launch the spring homebuying season.
Read More »Stewart Promotes Ryan Swed to Head of U.S. Direct Operations
Title and escrow industry veteran promoted to new role with global title insurance and underwriter, tasked with leveraging new and existing technologies to grow the firm.
Read More »Mortgage Apps Rebound After Down Week
The MBA reports that overall mortgage application volume rose this week, jumping after a week of declines, as fixed-rates continued to slide toward the 6% mark.
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